Free resources
Mortgage Calculators
Affordability Calculator
Mortgage Payment Calculator
Refinance Calculator
Educational Videos
Checklists
Homebuyer Checklist:
- A downloadable checklist that walks users through the homebuying process.
Mortgage Application Checklist:
- A list of documents and steps needed to apply for a mortgage.
FAQs
A fixed-rate mortgage has a consistent interest rate and monthly payment over the life of
the loan, providing stability. An adjustable-rate mortgage (ARM) typically starts with a
lower fixed rate for a set period, after which the rate may adjust periodically based on
market conditions, affecting your monthly payments.
The down payment varies by lender and loan type, but generally, it ranges from 0% to 20% of
the home’s purchase price. Some government-backed loans, like FHA or VA loans, offer lower
down payment options. A larger down payment can often lead to better terms and reduce the
need for private mortgage insurance (PMI).
Your interest rate is influenced by your credit score, loan amount, down payment, loan type, and current market conditions. A higher credit score and a larger down payment typically lead to a lower interest rate.
Testimonials
Jacob Meder
When no other lenders would answer, Jeannie did! She has helped me so much already!